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EconomyMedium

How much buffer onion has been dispatched across the North-East through the two Kanda Express rakes and the 44 truck consignments together?

  1. A.Over 1,200 MT
  2. B.Over 2,800 MT
  3. C.Over 4,400 MT
  4. D.Over 840 MT

Correct answer

B. Over 2,800 MT

Explanation

The correct answer is over 2,800 MT. Two Kanda Express rail rakes carried 840 MT and 452 MT of onions, and 44 truck consignments carried 1,513.46 MT, which adds up to more than 2,800 MT supplied across the North-East. Option D is wrong because 840 MT is only the load of the first rail rake. Option A is wrong because it is close to the figure for the truck consignments alone and leaves out the rail movement altogether. Option C is wrong because no such total appears in the release; it simply inflates the real figure. The supplies covered points in Assam, Tripura and Nagaland, including Kamrup, Guwahati, Gomati, Dimapur, Sepahijala, Kohima, Niuland and Chumoukedima, so the quantity is spread across three states rather than sent to one place.

Read the full article: First Kanda Express Takes 440 MT Onions to Agartala

Q2.EconomyMedium

Buffer onions moved by the Kanda Express are released from which fund?

  1. A.Price Stabilization Fund
  2. B.Market Intervention Scheme Fund
  3. C.Agriculture Infrastructure Fund
  4. D.National Food Security Fund
Show answer
Correct answer: A. Price Stabilization Fund

The onions carried by the Kanda Express come out of the onion buffer built under this fund, and the Department of Consumer Affairs releases that stock in a calibrated way when market prices rise or supplies tighten.

Q3.EconomyMedium

What happened to the all-India average onion mandi price between September and October, as reported by the Department of Consumer Affairs?

  1. A.It rose from about Rs 3,300 to about Rs 3,600 per quintal
  2. B.It fell from about Rs 3,600 to about Rs 3,300 per quintal
  3. C.It stayed unchanged at about Rs 3,600 per quintal
  4. D.It fell from about Rs 5,400 to about Rs 5,300 per quintal
Show answer
Correct answer: B. It fell from about Rs 3,600 to about Rs 3,300 per quintal

Fresh kharif arrivals gathered pace and wholesale rates eased, bringing the all-India average mandi price down from its September peak to the October level.

Q4.EconomyEasy

APEDA functions under which Union ministry?

  1. A.Ministry of Agriculture and Farmers Welfare
  2. B.Ministry of Commerce and Industry
  3. C.Ministry of Food Processing Industries
  4. D.Ministry of Micro, Small and Medium Enterprises
Show answer
Correct answer: B. Ministry of Commerce and Industry

The Agricultural and Processed Food Products Export Development Authority is an export promotion body, and it is placed under the commerce ministry rather than under the ministry that handles farming itself.